At sixteen I was lucky enough to travel to Italy with my Latin class. The highlight of the trip for me was walking through the ruins of Pompeii. Standing in the shadow of the deadly volcano Mt. Vesuvius, you are keenly aware of the danger staring down at you. We...
Will he or won't he? That was the question on people's minds as news broke last month of former president Donald Trump suggesting he has made up his mind on running for president again. Grover Cleveland first won the presidency in 1884, and won the popular vote in the...
The topic of secession has become increasing more common in recent years as various regions and minority populations (e.g., California and Texas) has openly suggested breaking away from the United States. The idea is forwarded with varying levels of seriousness, but...
Donald Trump entered the political stage as a rejection of all that we have known. His rhetoric was that of America no longer being great, and a promise to bring America back to its roots. He promised to “Make America Great Again.” He created a movement around this...
Break out your mom's bell-bottoms and dad's leisure suit from your parents' attic. It's 1979 again (at least economically) Don't listen to the perpetual doomsayers who claim this is the beginning of the big crash. It's not. Yes, the American economy is a huge mess,...
One of the most significant (and often abused) clauses in the U.S. Constitution is the “Necessary and Proper” Clause. The clause states: “The Congress shall have Power… To make all Laws which shall be necessary and proper for carrying into Execution the foregoing...
Speaking at the Eisenhower Executive Office Building, President Joe Biden on Tuesday morning declared inflation to be his top “domestic priority” and insisted that inflation would not be a problem were it not for covid and the war in Ukraine. There was little room,...
The government's attraction to borrowing is hardly a mystery. If the politicians had to extract every dollar they wanted to spend directly from the taxpayers, they might have a revolt on their hands--a bad career move for sure. Borrowing tends to make people more...
Over the course of the past century, a number of truly awe-inspiring heists have been carried out by con artists, whose modus operandi is to exploit human frailties such as credulity, insecurity and greed. Con is short for confidence, for the con artist must first...
That Austrians and Keynesians do not share many views on economics (or probably anything else) is obvious, so a difference of opinion between the two hardly should surprise anyone. However, it still is important to point out the differences between the two camps,...
“You hypocrite, first take the plank out of your own eye, and then you will see clearly to remove the speck from your brother’s eye.” — Matthew 7:5 I grew up going to numerous youth group events, Christian summer camps, weekly chapels at my Christian high school, and...
Scott talks to David Stockman about the economic fallout from the coronavirus lockdowns. Stockman points out all the devastation that has already been wrought by the government so far—relating to both the lockdowns and to the rampant stimulus measures meant to address...
Uh, what? Um. That's alot, right?
The federal budget deficit in the month of June totaled nearly the entire 2019 fiscal year shortfall and would rank sixth largest-ever if it were a yearly deficit. The June deficit came in at $864.1 billion dollars, according to the latest Treasury Department report....
